Results from the Entertainment and Devices division
Microsoft Corp. has today posted second quarter records for their Entertainment and Devices Division and has reported that sales of the Xbox 360 have reached 17.7 million units, representing a 70% increase from last year.The company has announced a 357 million operating profit from revenue of approximately $3 billion. Last year it was a different story with losses of $302 million reported, but thanks to reduced Xbox 360 hardware costs and some huge titles, including the multi-million selling Halo 3, Microsoft are on track to be profitable in fiscal 2008.
Check out the HEXUS.Channel for more details , which includes results from their online services business.